Negative outlook for banks in emerging markets, stable for insurers
Moderate and uneven economic recoveries amid the coronavirus pandemic as well as political and trade uncertainties pose risks for financial institutions in emerging markets throughout Asia, Latin America, Europe, the Middle East and Africa in 2021, Moody’s Investors Service said in a new report. The outlook for banks is negative, while insurers are more stable,
With digital transformation key to fostering sustainable economic growth by providing effective and efficient services to the public and businesses, Britain has
MoreBy Hussein Sayed, Chief Market Strategist at FXTM Crude oil futures were trading lower Monday morning as market participants closely watched OPEC
MoreCovid-19 In Cyprus - Last 24h
Cyprus
Covid-19 Worldwide - Last 24h
Cyprus
See All »
Cyprus’ Met Office Monday issued a yellow alert warning of stormy weather and heavy rainfall across the island lasting until early evening. The yellow warning was issued until 5 pm for isolated
Read MoreEmergency measures to curb the second wave of COVID-19 come into effect Monday across Cyprus with the lifting of local lockdowns replaced
After breaking the 10,000 barrier on Saturday, Cyprus reported a lower-than-usual daily report of 152 new cases of COVID-19, as experts believe
International scientists and Cypriot experts have discussed a research project to test space equipment on the island before sending it to Mars
Business
See All »
With digital transformation key to fostering sustainable economic growth by providing effective and efficient services to the public and businesses, Britain has agreed to help Cyprus strengthen its performance in this field. The Deputy Ministry of Research, Innovation and Digital
Read MoreInitial public offerings (IPOs) saw the most active third quarter in the last 20 years by proceeds, and the second highest third
Capital Intelligence Ratings has affirmed the long-term foreign currency rating (LT FCR) and short-term foreign currency rating (ST FCR) of Hellenic Bank
Bank of Cyprus announced after-tax profits of €4 mln in the third quarter, somewhat easing the pain of €122 mln in losses
Popular
Comment
See All »
There can be no part of planet earth untouched by the passing of footballing superhero and all-round national icon Diego Armando Maradona.
Having done almost nothing to clean house during the current parliamentary term, and with their seats shaking with the fear of not
The extensive and impressive infrastructural works that are now taking place in central Nicosia is a job worthy of every cent spent.
If the chaos surrounding tests to circumvent the lockdown in Limassol and Paphos is anything go by then be assured the rollout
The pandemic has some positive benefits, which include the locals learning the beauty and attraction of our mountain resorts. This is especially
Latest Videos
Energy
See All »
By Hussein Sayed, Chief Market Strategist at FXTM Crude oil futures were trading lower Monday morning as market participants closely watched OPEC members and their allies begin a two-day meeting to discuss their next steps in production policy. Brent and WTI January
Read More
Cyprus’ stalled oil and gas exploration programme will resume in mid-2021, although the pandemic has made drilling projects “increasingly complex,” said Energy
Opening up the Cyprus electricity market, long touted as the only way that Cypriots can enjoy cheaper and greener supply as competition
The Cyprus Electricity Authority (EAC) has a very important role in market reform, contributing to the country’s sustainable economic growth using cleaner
World
See All »Moderate and uneven economic recoveries amid the coronavirus pandemic as well as political and trade uncertainties pose risks for financial institutions in
MoreBy Hussein Sayed, Chief Market Strategist at FXTM Crude oil futures were trading lower Monday morning as market participants closely watched OPEC
More
Initial public offerings (IPOs) saw the most active third quarter in the last 20 years by proceeds, and the second highest third
More
Total revenue for Bitcoin miners in October reached $353 mln, up 8% from September, with network fees accounting for $42.9 mln or
More
Maritime
See All »
Cyprus has welcomed new regulations drafted by the IMO’s Marine Environment Protection Committee to drastically reduce greenhouse gas emissions by existing ships once these are implemented in about six months. The target is to cut the carbon intensity of international
Read MoreA Cyprus-Greece passenger ferry link is one step closer to being reinstated after a 20-year absence, as Nicosia announced the tender will
The long-awaited €1.2 bln redevelopment of Larnaca port and its marina got the final green light from the government on Friday with
Cyprus ship management revenue declined by €39 mln to €484 mln in the first half of 2020, reflecting the negative impact of
Latest Tweets
Life & Style
See All »Cyprus’ Met Office Monday issued a yellow alert warning of stormy weather and heavy rainfall across
Emergency measures to curb the second wave of COVID-19 come into effect Monday across Cyprus with
There can be no part of planet earth untouched by the passing of footballing superhero and
International scientists and Cypriot experts have discussed a research project to test space equipment on the
The extensive and impressive infrastructural works that are now taking place in central Nicosia is a